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Latest international plastic news, information and facts on plastics, polymer news, trends and developments in plastics industry. Subscribe to receive latest developments about plastic products, plastics trends, news & plastic information
The outlook for Taiwan's petrochemical and basic metal sectors next year will be dimmer than for other sectors, a Ministry of Economic Affairs (MOEA) official is reported in CNA. Most man...
No major fall in overall polyolefin demand in Africa is expected in 2012, despite Africa's vulnerability to the ripple effect from the eurozone debt crisis. This could be attributed growt...
An environmental friendly substitute has been developed for nylon 6.6 feedstock adipic acid. A company called Verdezyne, which just opened a pilot plant in Carlsbad, California, has devel...
Oil prices ended the year 2011 a tad below US$100 a barrel in Asia amid signs of gradual improvement in the U.S. economy. Benchmark crude for February delivery inched up to US$99.7 on the...
As players in Asian polymer markets wind down their business for 2011, attention is shifting towards the market outlook for early 2012, as per Chemorbis. With demand ending the year on a ...
The big challenge in PET recycling is that bottles or flakes must be separated to provide unmixed and contaminant-free output materials. S+S has developed solutions that separate contamin...
Dow is expected to claim US$2.5 bln in compensation for a scrapped joint venture in Kuwait. However, the compensation is subject to the verdict of the court, which is currently reviewing ...
Formosa Petrochemical Corp plans to embark on maintenance at its 540,000 bpd refinery in H1-2012 to complete safety checks ahead of a government deadline, as per Reuters. The Taiwanese ...
PetroChina Co Ltd and China Petroleum & Chemical Corp (Sinopec) have signed an agreement with the Zhejiang government on six petrochemical projects worth 139.1 bln yuan (US$22 bln), as pe...
The KraussMaffei Group has decided to double its production plants in Martin (Slovakia) and in Haiyan (China). For both sites, the start of production is planned for the beginning of 2013...
Russia’s Lukoil expects the damaged ethylene unit at its Stavrolen petrochemical plant in the south of the country to restart by April 1. The plant has been shut since mid-December by a f...
Capacity of Kochi Refinery (a unit of Bharat Petroleum Corporation Ltd.) is being expanded from the current 9.5 mln tpa to 15.5 mln tpa. BPCL plans to establish a joint venture petrochemi...
Honam Petrochemicals has planned to undertake maintenance turnaround of its 400,000 tpa Yeosu Polypropylene (PP) plant in March 2012 for a period of 30 days.
Indian Oil Corp (IOC) has sold a total of 100,000 tons of January naphtha from Dahej and Kandla. IOC sold 30,000 tons of naphtha for Jan. 24-26 loading from Kandla to Total at premiums of...
Mitsubishi Chemicals which has been running its 170,000 tpa propylene plant No-1 at low capacity rates has decided to undertake maintenance shutdown of the plant. “We will undertake maint...
Lavan Island in south Iran seems poised to become the country's third major petrochemical hub upon conclusion of contract for the development of the giant Lavan gas field within the next ...
Middle Eastern PP offers for January have dipped from December levels in Asia and Egypt in line with sluggish buying interest and the approaching Chinese New Year holiday during the last ...
Another modest rise was seen in US ethylene margins week on week, on the back of stronger spot prices and stable-to-weaker feedstocks, as per Platts. Ethane-based ethylene margins were es...
Compressor trains will be supplied by Siemens to China for the biggest propylene plant in the world. Each compressor train is capable of compressing 700,000 m3 of air to 2.4 bar each hour...
Spot propylene prices moved higher in Europe over the past week in line with firmer spot naphtha prices, while slow demand pulled down spot prices in the Asian market. Spot propylene pric...
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